Friday, 24 March, 2023
Adobe acquires collaborative design platform Figma for $20B, to web designers’ dismay
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<p>Figma, which was initially marketed as an alternative to Adobe’s exclusive desk tools has been acquired by Adobe in a $20B deal. Web designers raised a hue and cry about the deal on social media, mourning this “backstabbing” and selling out of yet another open source service. With the acquisition, Adobe can now include FIgma’s creative tools into its creative apps. However, Figma maintains that it will continue to operate autonomously.<br /> </p>
Read full story at Bloomberg
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